Netflix Says Paramount Has Paid $2.8 Billion Breakup Fee for Warner Bros. Discovery Deal

Netflix just got a little richer as a result of letting Warner Bros. Discovery go. On Friday, Netflix announced that Paramount Skydance had paid the streamer its promised $2.8 billion breakup fee, following Paramount’s victory in their bidding war for WBD. Per an SEC filing, Netflix said Warner Bros. Discovery “provided notice to Netflix that […]